L&G Investments launches clean share classes for Skandia platform funds

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Legal & General Investments has introduced clean share classes for all 23 of its funds on the Skandia Investment Solutions platform.

The range of available funds includes Legal & General Investment's core range along with a number of actively managed funds. These include its General Dynamic Bond Trust, managed by Richard Hodges, the Managed Monthly Income Trust, managed by Michel Canoy and the UK Property Trust, managed by Michael Barrie and Matt Jarvis. Legal and General Investments managing director of investments Simon Pistell said: "One of the main aims of the Retail Distribution Review was to offer better transparency regarding fund charges. "As a result, the need to develop and make available a clean share...

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